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Tunisia: President dissolves municipal councils
Tunisian President Kais Saied announced the dissolution of municipal councils, months before the municipal elections, further dismantling the systems of government developed after the 2011 revolution that brought democracy. “We will discuss a decree to dissolve municipalities and replace them by special councils,” he said in a video of a cabinet meeting that was posted […]
Morocco competes with Spain and Portugal in Ports’ ranking – Wall Street Journal
Morocco has invested heavily in ports infrastructure to become a competitor of its European neighbors, Spain and Portugal, in port-related items in international rankings, Jaime Pérez-Seoane de Zunzunegui, regional editor for North Africa for Oxford Business Group told the Wall Street Journal. “Morocco’s ports really shine, ranking 16th globally for liner shipping connectivity, and 28th […]
Morocco to introduce secondary market for non-performing loans
Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]



